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Evaluation of spot Exchange Day of Electrolytic Manganese on April 29, 2020
Apr 29,2020 11:48CST
translation
Source:SMM
[pre-section electrolytic manganese spot or temporarily stable operation]
The content below was translated by Tencent automatically for reference.

[spot or stable operation of electrolytic manganese before the festival] on April 29, the spot including tax in the mainstream area of the manganese triangle shipped around 10500-10600 yuan / ton, which was the same as yesterday's average price, while the spot including tax ex-factory price in Guangxi was around 10500-10600 yuan / ton, which was more stable than the average market price yesterday. At present, the overall stable price of electrolytic manganese in the southern region, most manufacturers retail spot less than 10500 yuan / ton negotiation and transaction willingness is not strong, the downstream terminal just need to replenish the high price transaction is also acceptable, but the quantity is limited. In addition, in the near future, some manganese plants due to ore shortage production costs increased, in the later stage temporarily planned to reduce production or stop production wait and see, it is expected that the domestic electrolytic manganese production in May compared with the previous month or will be stable or small reduction. Part of May metal manganese steel pricing month-on-month rise and fall is not big, coupled with manganese factory price sentiment increased, short-term spot may be temporarily stable. The price of electrolytic manganese in the main producing area of SMM is 10500-10600 yuan / ton, the average price is the same as yesterday.

 

Electrolytic manganese
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